Opening of 1,500 billion VND International General Hospital; 6,488 billion VND to expand Cam Lo - La Son Expressway
Opening of Vinmec Smart City International General Hospital; Investing 6,488 billion VND to expand Cam Lo - La Son expressway to 4 lanes...
Those were two of the notable investment news stories of the past week.
Nearly 300 billion VND infrastructure project in Quang Binh awaits instructions
The Road and Embankment Project connecting Nhat Le 2 Bridge to the Storm Shelter and Fisheries Logistics Area (South of Nhat Le 3 Bridge) in Dong Hoi City was approved by the People's Committee of Quang Binh Province for its feasibility study report in Decision No. 2899/QD-UBND dated October 13, 2023 and assigned the Department of Transport of Quang Binh Province as the investor. The project has a total investment of VND 298 billion.
Quang Binh Department of Transport said that the total length of the project is 2.92 km, started on May 10, 2024 and is expected to be completed in early 2026 (671 days of construction). However, the project is facing many difficulties in handing over the clean site to the contractor.
Mr. Tran Thanh Phong, Executive Director of projects in Quang Binh under Son Hai Group, the contractor of the construction package, said that up to now, the construction unit has only been assigned 400 m of clean land for the last section of the project, from the south of Nhat Le 3 bridge to the anchorage area for boats to avoid storms and fishing logistics. The main section from Nhat Le 2 bridge to Nhat Le 3 bridge has not yet been allocated land.
“If the site is handed over in a synchronous manner, the construction will be very convenient. However, waiting for the entire handover will not be enough to keep up with the schedule, so we should focus on the construction of each section that is handed over,” said Mr. Phong.
Quang Binh Department of Transport said that in 2024, the capital allocated for the Project is 238 billion VND. As of September 24, the total capital disbursed for the Project is 27.8 billion VND (reaching a rate of 11.7%). Regarding the implementation of the construction package, worth 198.98 billion VND, the construction unit has only implemented the volume value of 20 billion VND (about 10%).
It is known that to implement the Project, 79 households, individuals and organizations are affected. Currently, the Department of Natural Resources and Environment has signed and approved the land measurement records for 42 households and one organization. At the same time, the People's Committee of Dong Hoi City has issued the first land recovery notice to 11 households and one organization; the remaining 24 households, individuals and one other organization are completing the dossier procedures to submit to the People's Committee of Dong Hoi City to issue the second land recovery notice. The remaining 37 households and individuals have not yet signed the land measurement records.
Mr. Doan Cong Huu, Deputy Director of the Center for Information Technology on Natural Resources and Environment (under the Department of Natural Resources and Environment of Quang Binh), the unit performing the cadastral measurement and correction work at the Project, said that the cadastral measurement and correction products have been completed and handed over to the investor in two phases and are continuing to complete the third phase. "Because some land areas within the project's site clearance area are having to determine their origin and disputes, in the process of completing the cadastral measurement and correction dossier in the third phase, the unit encountered some difficulties that need support from the People's Committee of Bao Ninh commune to resolve," said Mr. Huu.
According to the People's Committee of Dong Hoi City, the current difficulty in site clearance is having to deal with cases of tomb relocation; cases with complicated and unclear land origins; disputed land; households that do not agree with the compensation plan...
Specifically, there are currently 7 households waiting for the People's Committee of Bao Ninh commune to confirm the origin of the land, the time of use and the minutes of the household meeting to assign the heirs of the land property, 9 households are disputing over the right to use the land, 10 households do not agree to sign the measurement records, 5 households are disputing the land for road construction with the People's Committee of the commune. That does not include 13 huts, 7 piers within the scope of the Project, causing the construction site to be divided and interrupted.
Mr. Hoang Ngoc Dan, Chairman of Dong Hoi City People's Committee, said that the plan for compensation and support for site clearance at the Project is also being temporarily suspended due to waiting for the People's Committee of Quang Binh province to issue regulations on compensation, support and resettlement policies when the State reclaims land in Quang Binh province according to the 2024 Land Law.
Hai Duong approves investment in Ninh Giang Inland Water Port project worth 1,496 billion VND
According to Decision No. 2690/QD-UBND of Hai Duong province, the Ninh Giang Inland Water Port project is located in Hong Phuc and Kien Quoc communes, Ninh Giang district, Hai Duong province. The area is about 27.07 hectares. The project has a designed capacity of 3 million tons of goods/year. The total preliminary investment capital of the project is 1,496 billion VND.
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| Located in the economic triangle of Hanoi - Hai Phong - Quang Ninh, Hai Duong has seen many potentials in socio-economic development. Photo: Thanh Chung |
The project's operating period is 50 years, from the date the Hai Duong Provincial People's Committee approves the investment policy and simultaneously approves the investor to implement the project.
The Ninh Giang Inland Water Port Project is divided into 2 phases. In phase 1, the following construction items will be constructed: Hydraulic works, logistics area outside the dike, technical infrastructure area, and other items. The construction, completion, and operation of the project outside the dike area is expected in the first quarter of 2027. For phase 2, construction items will be constructed such as: Warehouse area, office area, technical infrastructure area, and other construction items. It is expected that the entire project inside the dike area will be completed and put into operation in the fourth quarter of 2028.
Hai Duong Provincial People's Committee requests investors to implement investment projects in accordance with the prescribed contents. Comply with the laws on investment, land, environment, tax, dykes, natural disaster prevention and control, waterway traffic, fire prevention and control and related laws during the implementation of investment projects; be subject to inspection and supervision by competent State agencies.
When the project is completed and put into operation, this will be an inland waterway port serving as a hub for transportation, logistics, and multimodal transport to meet the needs of transportation, loading, storage, and distribution of goods in the region, creating favorable conditions to attract investors to invest in industrial parks and industrial clusters, contributing to the socio-economic development of the locality.
The establishment of Ninh Giang inland waterway port will enhance connectivity and develop the logistics supply chain from Hai Duong province to Hai Phong and Quang Ninh seaports, thereby connecting goods to and from domestic provinces and cities and international import and export.
According to the Hai Duong Province Planning for the period 2021 - 2030, with a vision to 2050, for national inland waterways, waterway infrastructure will be developed in accordance with the Inland Waterway Infrastructure Planning approved by the Prime Minister, including: national inland waterway routes with 2 routes: Quang Ninh - Hai Phong - Viet Tri and Quang Ninh - Ninh Binh; developing inland waterway ports: Kinh Thay - Kinh Mon - Han River port cluster with 30 ports, Thai Binh River port cluster with 4 ports and Luoc River port cluster including Ninh Giang port.
For local inland waterways, develop 6 inland waterways managed by the locality. As for other inland waterway ports, upgrade, renovate and put into management 17 existing inland waterway ports into the national inland waterway system; develop 12 new inland waterway ports on central rivers. For inland waterway wharves and wharf clusters, develop inland waterway wharves on rivers according to port clusters, cargo and passenger wharf clusters suitable to the economic and social development conditions of the locality.
Hau Giang approves urban area investor with capital of over 2,025 billion VND
On October 21, Vice Chairman of Hau Giang Provincial People's Committee Nguyen Van Hoa signed Decision No. 1478/QD-UBND approving the Joint Venture of Dat Mien Tay Investment Joint Stock Company and Foodinco Quy Nhon Joint Stock Company as the investor to implement the Cai Con New Urban Area Project, Nga Bay City.
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| In Nga Bay City, Cai Con New Urban Area will be formed, with an area of over 667 thousand square meters. Photo: Nga Bay City |
The project has a total investment capital of nearly 2,025 billion VND, including project implementation costs (excluding compensation, support, resettlement, land use fees, land rent) of nearly 1,359 billion VND; compensation, support, and resettlement costs of nearly 666 billion VND.
Of which, investor's contributed capital is nearly 304 billion VND, mobilized capital is nearly 1,721 billion VND.
The project is completed within 60 months from the date the investor is decided to allocate land or lease land.
Cai Con New Urban Area Project, Nga Bay City has a land use area of approximately 667,090.54 m2, located in Area VII, Nga Bay Ward, Nga Bay City, Hau Giang Province. The investment objective is to synchronously build technical infrastructure and social infrastructure systems according to the approved planning, contributing to promoting local socio-economic development.
Preliminary housing product structure includes: Townhouses with a total construction land area of 19,911.72 m2, 190 houses; semi-detached villas with a total construction land area of 6,751.73 m2, 29 houses; single-family villas with a total construction land area of 11,409.16 m2, 37 houses.
In addition, the project also arranges a social housing land fund with an area of 50,803.01 m2 (accounting for 20% of the residential land area). After the investor completes the infrastructure construction, it will be handed over to the state according to regulations.
The remaining residential land plots will be transferred by investors in the form of subdivision and sale of land plots after completing the investment in technical infrastructure works according to the detailed planning approved by competent authorities.
Gia Lai invests more than 440 billion VND to modernize irrigation
The Gia Lai Provincial People's Council has just issued Resolution No. 424/NQ-HDND agreeing on the plan to re-borrow the Government's foreign loans and the source of debt repayment to invest in the Gia Lai Province Climate Change Adaptation Irrigation Modernization Project.
The Gia Lai Province Climate Change Adaptation Irrigation Modernization Project is being implemented in Phu Thien, Ia Pa, Krong Pa districts and Ayun Pa town, with the Gia Lai Province Investment and Construction Project Management Board as the investor.
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| The Gia Lai Province Climate Change Adaptation Irrigation Modernization Project is built in Phu Thien, Ia Pa, Krong Pa districts and Ayun Pa town. |
The specific objective of the project is to build modern irrigation infrastructure that adapts to climate change and applies effective water management measures in the fields.
According to the resolution, the project has a total investment of VND440,036 billion, equivalent to USD18,999 million. Of which, the loan capital from the Asian Development Bank (ADB) is VND318,031 billion (the Central Government allocates 70% of VND222,62 billion; Gia Lai Provincial People's Committee re-borrows 30% of VND95,409 billion); non-refundable aid capital is VND6,941 billion; counterpart capital from the provincial budget is VND115,064 billion.
The project loan is applied at SOFR interest rate. For the principal debt (VND 95,409 billion), Gia Lai province will pay within 20 years, an average of VND 4.77 billion/year. For the interest and fees (VND 87,45 billion), the province will pay within 25 years.
Every year, Gia Lai province will balance the arrangement of sources for repayment of loan principal, interest, fees and related costs according to regulations. Gia Lai Provincial People's Committee is responsible for reviewing the outstanding loan balance of the local budget at the time of re-borrowing request, not exceeding the outstanding loan limit of the local budget, according to the provisions of the law on state budget; ensuring accuracy of data in the loan use plan, re-borrowing plan and loan repayment when negotiating the agreement.
Opening of Vinmec Smart City International General Hospital
On October 21, 2024, Vingroup Corporation officially opened Vinmec Smart City International General Hospital (Nam Tu Liem, Hanoi) with a total investment of VND 1,500 billion.
This is the 8th hospital of the Vinmec Healthcare System, with the world's leading modern equipment and a team of prestigious experts and doctors, Vinmec Smart City is expected to open up new options for high-quality medical services and become the best hospital in the West of Hanoi.
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| Vinmec Smart City has an investment capital of 1,500 billion VND with a scale of nearly 60,000 m2, expected to open up new options for high-quality medical services and become the best hospital in the western region of Hanoi. |
Vinmec Smart City is located in Vinhomes Smart City Urban Area (Thang Long Avenue, Tay Mo and Dai Mo Wards, Nam Tu Liem District). The hospital has a scale of nearly 60,000 m2, a capacity of serving at least 70,000 visits/year, including 14 specialties, notably obstetrics - gynecology, surgery with endoscopic and minimally invasive surgical methods to treat digestive diseases, orthopedic trauma, and strong application of 3D technology to personalize treatment.
As the 8th hospital in the system to officially come into operation, Vinmec Smart City is not only invested in synchronously and modernly, but also inherits medical achievements and professional management methods according to the highest standards in the world to ensure treatment quality and patient safety.
Specifically, in terms of expertise, in addition to key specialties serving the community, Vinmec Smart City is oriented to become the leading unit in the region in providing high-tech screening and diagnostic services for early cancer detection. The hospital will also operate a private Hematology and Cell Therapy Center to help cancer patients access new and effective treatments such as CAR-T or cell therapy, immunotherapy.
In terms of facilities, Vinmec Smart City owns a system of state-of-the-art medical equipment and machinery from the world's most prestigious suppliers such as GE Healthcare (USA), Drager (Germany), Kalz Storz (USA), Roche (Germany), Olympus (Japan)... At the same time, the hospital also operates a modern operating room system and a high-tech sterilization center to process instruments after surgery, ensuring maximum safety for patients.
Regarding human resources, Vinmec Smart City has gathered a team of excellent, experienced multidisciplinary doctors, who have been well-trained from leading medical facilities at home and abroad; constantly updated with knowledge of world medicine such as France, USA, Japan, Singapore, etc.
In terms of management, Vinmec Smart City is the first hospital in Vietnam to apply the SystemOne electronic medical record management system. The advantage of SystemOne is that it allows doctors at different medical facilities to share data to consult and provide the best treatment regimen for patients, along with the highest level of security measures. In addition, the hospital also combines artificial intelligence (AI) technology to help doctors detect promptly, diagnose accurately and design effective treatment regimens for each group of diseases.
In particular, Vinmec Smart City is the first hospital in the System to systematically deploy the Hospital Operation Simulation Program, following international standards. The system was developed by experts from Vinmec and the Simulation Center - VinUni University to improve clinical situation handling skills for the medical team; minimize the risk of errors; coordinate multiple specialties, and continuously improve to bring the most perfect health care services to patients.
Speaking at the opening ceremony, MSc. Dr. Hoang Duc Vinh, Director of Vinmec Smart City Hospital, said: “Vinmec Smart City not only brings together the most advanced technologies, but also inherits the experiences and improvements from the system’s achievements in expertise and operations in recent years. The hospital has a close combination of care - training and research and development, aiming to build a completely new model of international standard hospital, keeping up with the most modern healthcare trends in the world.”
With the addition of an international general hospital in Vinhomes Smart City, Vingroup continues to affirm its position as the leading real estate developer in Vietnam in constantly improving the quality of life for residents, opening up high-class healthcare options for the entire western region of the capital.
Proposal to invest 9,863 billion VND to improve the environment of Tau Hu - Ben Nghe canal basin
The Management Board of Ho Chi Minh City Transport Construction Investment Project (TCIP) has just sent a document to the Department of Planning and Investment proposing investment in the Tau Hu - Ben Nghe - Doi - Te Canal Basin Environment Improvement Project (Phase 3).
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Binh Hung Wastewater Treatment Plant - a component of the Ho Chi Minh City Water Environment Improvement Project, Tau Hu - Ben Nghe - Doi - Te Canal Basin (Phase 2) was put into operation at the end of August 2024 - Photo: Le Toan |
According to TCIP's proposal, the project will build 3 main items including: a wastewater drainage system for the South Saigon basin with an area of 4,742 hectares; construction of sewers in the southern area of District 8 to reduce flooding; and construction of a wastewater treatment plant in Phuoc Kieng commune, Nha Be district, with an area of about 20 hectares and a treatment capacity of 100,000 m3 /day.
The preliminary total investment of the Project is 9,863 billion VND, of which 8,509 billion VND (accounting for 86.3% of the total investment) is proposed to be borrowed from Japan's ODA capital; the remaining 1,354 billion VND (accounting for 13.7% of the total investment) is from the counterpart capital of the Ho Chi Minh City budget.
The Project implementation period is expected from 2027 to 2032.
After completion, the Project will solve the flooding problem and environmental sanitation problem for the low-lying areas of the City and neighboring areas in the Tau Hu - Ben Nghe - Doi - Te canal basin and the South Saigon area.
At that time, millions of people living in the southern area of Ho Chi Minh City will not have to live with flooding every time it rains and the stench coming from Tau Hu - Ben Nghe - Doi - Te canals.
Furthermore, the investment in phase 3 will synchronously connect the drainage, wastewater collection and treatment system that was invested in phase 2 for the southern area of the city (District 7, District 8 and Nha Be district).
Proposal for Central Government to support 2,619 billion VND to invest in Ho Chi Minh City - Tien Giang traffic axis
The Ho Chi Minh City Department of Transport has just sent document No. 13690/SGTVT-KH to the Ministry of Transport for comments on the investment plan for the Ho Chi Minh City - Long An - Tien Giang urban traffic axis (National Highway 50 B).
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| Map of urban traffic route Ho Chi Minh City - Long An - Tien Giang. |
After research, the traffic management agency of Ho Chi Minh City said that National Highway 50B is currently shown in the Project to adjust the general planning of Ho Chi Minh City to 2040, with a vision to 2060, with a planned cross-section of 40 m.
However, the Project has not been shown in the Ho Chi Minh City Transport Development Plan and related zoning plans in Nha Be and Binh Chanh districts.
Therefore, after the Prime Minister approves the Project to adjust the general planning of Ho Chi Minh City to 2040, with a vision to 2060, the City will update it into related planning.
Regarding the project's investment capital, the Ho Chi Minh City People's Committee has developed a medium-term public investment plan for the 2026-2030 period and reported to the City People's Council, in which it proposed that the Central Government support 50% (VND 2,619 billion/total estimated investment of VND 5,238 billion) for the section passing through the City.
Therefore, the HCM City Department of Transport proposed that the Ministry of Transport study and propose support from the central budget to invest in the section passing through the city.
Regarding the investment plan, in the draft investment plan of the Project, the Ministry of Transport proposed that the Prime Minister assign localities to study the detailed investment plan and implement investment in the sections going around the area, but has not proposed a specific investment plan.
Therefore, the Ho Chi Minh City Department of Transport recommends that the Ministry of Transport propose a specific investment plan for the entire route to ensure consistency during investment and operation.
The urban traffic axis of Ho Chi Minh City – Long An – Tien Giang (National Highway 50B) has a total length of 55 km. Of which, the section passing through Ho Chi Minh City is 5.8 km long; the section passing through Long An is 35.6 km long; the section passing through Tien Giang is 14 km long.
The preliminary total investment for the entire route is 25,203 billion VND, currently the investment capital source has been identified at 7,837 billion VND, and the remaining 17,365 billion VND is currently being balanced from many different capital sources.
This is a traffic axis connecting Ho Chi Minh City and the Mekong Delta region, playing an important role in enhancing inter-regional traffic connections, reducing the load on National Highway 50, and promoting the development of urban areas and industrial parks and clusters along the route.
At the same time, it solves the circulation of goods, reduces logistics costs, and contributes to the socio-economic development of Ho Chi Minh City and the Mekong Delta. Therefore, investing in this route is very necessary.
Hai Duong prepares to invest in 28 public investment projects with capital of more than 8,000 billion VND
According to the report of the Management Board of Construction Investment Projects of Hai Duong province, 28 public investment projects of Hai Duong province are preparing for investment with a total investment of 8,012.66 billion VND. Of the 28 projects, 7 projects are being submitted for appraisal and 21 projects are organizing the selection of consulting contractors, surveying to prepare feasibility study reports, economic-technical reports, and detailed planning.
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| Hai Duong is expected to need about VND119,000 billion in public investment capital in the 2026-2030 period to gradually complete socio-economic infrastructure to serve development goals. Photo: Thanh Chung |
Among the 7 projects under appraisal, there is 1 project in the transport sector, which is to renovate and upgrade provincial road 393, from km10+180 to km20+050 (from Ba Da culvert to Tu O bridge). The total investment of the project is 176 billion VND. The Department of Transport is appraising the Feasibility Study Report of this project.
There are 6 remaining construction and technical infrastructure projects. Including the projects: Conservation of the Con Son - Kiep Bac historical and cultural relic site associated with tourism development (100 billion VND); Restoration and construction of infrastructure of Kiep Bac temple, Hung Dao commune, Chi Linh city, ceremony yard, parking lot, boat dock and Thuong river market (98 billion VND); renovation of Hai Duong province's Nursing Center for Meritorious People (50 billion VND); construction and renovation of 3 provincial hospitals (Lung Hospital, Chi Linh Leprosy Hospital, Tropical Diseases Hospital) with an investment capital of more than 86 billion VND; construction of pediatrics, surgery, reproductive health care and obstetrics, internal medicine and technical infrastructure + support of Binh Giang district medical center (95 billion VND); construction of new classrooms, administrative buildings; renovation of old classrooms of Binh Giang High School, Binh Giang district (67 billion VND).
Currently, these projects have completed and are completing the Feasibility Study Report.
For 21 projects that are organizing contractor selection, survey, feasibility study report, economic-technical report, detailed planning, there are 6 projects in the field of transportation, 15 projects in construction and technical infrastructure.
Among the 6 traffic projects currently organizing the selection of consulting contractors, surveying to prepare feasibility study reports, economic-technical reports, and making detailed plans, there are: Investment in the construction of Hai Duong City Ring Road 1, section from 62m road (Vo Nguyen Giap Avenue) to Dai An Industrial Park expansion (436.3 billion VND). Construction of traffic route connecting National Highway 17B with Dinh Bridge, Kinh Mon town (248 billion VND).
Bypass of National Highway 37 through Gia Loc town (section connecting Thong Nhat Bridge/National Highway 37 with Hai Duong City Ring Road 1) (682.373 billion VND). Investment project to build a road connecting National Highway 17B (Hai Duong province) with Provincial Road 352 (Hai Phong city) from National Highway 17B to Kinh Thay River dyke, Kinh Mon town (786.086 billion VND). Construction of some feeder roads north of National Highway 5 in Kim Thanh district, Hai Duong province (400 billion VND). Construction of Thai Binh River overpass and access road on Hai Duong City Ring Road 1, section from Provincial Road 391 to Provincial Road 390C (1,228 billion VND).
The remaining 15 construction and technical infrastructure projects are organizing the selection of consulting contractors, surveying to prepare feasibility study reports, economic-technical reports, and detailed planning. These are the projects: Construction of a new Con Son Forest Ranger Station - Chi Linh City Forest Ranger Department under the Hai Duong Forest Ranger Sub-Department (4.8 billion VND). Investment in the construction of the Hai Duong Provincial Concentrated Administrative Area (795.28 billion VND). Construction and upgrading of 6 district-level medical centers in Hai Duong province (297.72 billion VND).
The project of building and renovating 11 high schools in Hai Duong province (242.7 billion VND). , 8 billion)
Building forest management headquarters (17.2 billion) (VND 100 billion).
In order to ensure the above projects on schedule, Hai Duong Construction Investment Project Management Board requests specialized departments to coordinate, shorten the appraisal time, soon complete investment documents.
In 2024, Hai Duong's total public investment capital was more than VND 8,300 billion, higher than VND 1,457.9 billion compared to the Prime Minister's plan assigned and increased by nearly VND 650 billion compared to 2023. The provincial capital source manages investment for 71 projects, transport works, health, education, ... in order to gradually improve socio -economic infrastructure, serve development goals.
Binh Duong: Bach Dang Bridge 2 capital 490 billion dong but not complete
On October 22, at the press conference for 9 months of socio -economic situation, Mr. Tran Viet Hung, Director of the Project Management Board (Project Management Board) invested in construction of Binh Duong Transport works informed about Bach Dang 2 Bridge project (connecting Binh Duong and Dong Nai).
According to information from the project management board, Bach Dang 2 Bridge has a length of nearly 1km, of which the bridge is over 401m long, the bridge path is more than 544m.
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| Although Bach Dang Bridge is cleared, it has not been completed because of the ground clearance. |
On September 23, the two provinces held the inauguration ceremony of the traffic and officially for the bridge to go into operation.
Sharing the above issue, Mr. Tran Hung Viet, Director of the Management Board of the Construction Investment Project Construction Project of Binh Duong Province said; Bach Dang 2 Bridge, connecting Tan Uyen City, Binh Duong Province with Dong Nai, has not been completed but the path has not been completed due to problems in handing over the site from 3 households at the time of inauguration.
At the end of September 2024, the Project Management Board and the local authorities mobilized people to hand over the ground. Currently, the ground has reached over 99% and the construction unit is completing the path.
Sharing with the Investment Newspaper, Mr. Viet affirmed that Bach Dang 2 Bridge is one of the key transport works, has a very important meaning of life, economy and regional development links.
The Bach Dang 2 Bridge project, started at the end of 2021, was invested by the Traffic Construction Project Management Board of Binh Duong Province and came into operation in late September 2024.
The bridge not only opens urban, commercial and service development space between the two provinces, but also connects Binh Duong to the national key traffic routes, especially Long Thanh International Airport and Cai Mep - Thi Vai port cluster.
In order to extend the effectiveness of Bach Dang 2 Bridge, Dong Nai People's Committee has completed upgrading and expanding the connected roads with bridges such as Huong Lo 7, Huong Lo 9. Bien Hoa City Ring Roads are completing the design dossier with a width of 60m, the extended DT768B and DT768 routes are also researched by Dong Nai to promote the effectiveness of the bridge.
Quang Nam proposes to adjust the project investment policy of more than VND 2,700 billion
Chairman of Quang Nam Provincial People's Committee Le Van Dung has reported No. 7910 to the Ministry of Planning and Investment, the Ministry of Finance on adjusting the investment policy of the development project with an appropriate integrated development of Quang Nam province.
Accordingly, the People's Committee of Quang Nam province proposes to adjust the project's implementation time from 2022 to 2027 under the Prime Minister's Decision 396 from 2022 to 2030.
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| The integrated development project in Quang Nam province has a total investment of more than VND 2,700 billion. |
Regarding the reasons for adjustment, the People's Committee of Quang Nam province said that the project was approved by the Prime Minister in the investment policy in Decision No. 396/QD-TTg dated March 29, 2022 and the People's Committee of Quang Nam province approved investment in Decision No. 574/QD-UBND dated March 14, 2024, thereby implementing the project time from 2022 to 2027.
The People's Committee of Quang Nam also stated: Currently, the Ministry of Finance and the World Bank are carrying out the procedures to propose negotiating the project agreement.
It is known that the project of integrated development in Quang Nam province is a group A project with a total capital of 118.7 million USD, equivalent to 2.748.61 billion VND.
The project aims to enhance access to adaptive infrastructure services and improve planning and management capacity to adapt to natural disaster risks in the areas of Quang Nam province project.
The project will dredge Truong Giang River and build 6 new bridges across the Truong Giang River.
Regarding this project, Chairman of Quang Nam People's Committee Le Van Dung affirmed that this is a dynamic project of the province. This project will create conditions for the development of the Eastern region of the province, and will enhance connectivity and eliminate obstacles of infrastructure of key coastal economic zones, creating a smooth transportation system that contributes to socio -economic development.
Investing 6,488 billion dong to expand Cam Lo - La Son highway to 4 lanes
Deputy Prime Minister Tran Hong Ha signed Decision No. 1244/QD-TTg dated October 23, 2024 approving the investment policy of investment projects on construction and expansion of the North-South Expressway Road in the East, Cam Lo-La Son.
The project is implemented in Quang Tri province and Thua Thien Hue province with the goal of successfully implementing Resolution No. 66/2013/QH13 dated November 29, 2013 and Resolution No. 63/2022/QH15 of June 16, 2022 of the National Assembly; Effectiveness of the North - South highway in the East.
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| A section of Cam Lo – La Son highway. |
According to the decision, the length of the route is about 98.35 km.
Investing in expanding the background, road surface and works on the route from 2 lanes to 4 lanes.
This is a group A project, investment in the form of public investment.
The total investment of the project is about 6,488 billion VND from the state budget.
The project managing agency is the Ministry of Transport.
The Deputy Prime Minister asked the Ministry of Transport to be comprehensively responsible for the proposal to approve the project investment policy and the information and data in the pre -feasibility study report, the information reporting and explaining the appraisal of the Ministry of Planning and Investment and the relevant ministries, branches and localities;
Carry out procedures for environmental impact assessment, demand for land use, forest land conversion, construction ground, material mine ... in accordance with the provisions of law in the process of formulation, appraisal, and browser of project feasibility study report and project implementation.
Organizing the selection of capable contractors to implement the project in accordance with the law, ensuring publicity, transparency, quality, efficiency and schedule;
The Ministry of Transport closely coordinates with the People's Committee of Quang Tri province, the People's Committee of Thua Thien Hue province and the relevant ministries and agencies in the process of implementing the project;
The Ministry of Planning and Investment is fully responsible for the content of evaluating the pre -feasibility study report of the project; presiding over and coordinating with the relevant ministries, branches and localities to review and balance the capital source to implement the project according to the progress and in accordance with the law;
People's Committees of provinces: Quang Tri and Thua Thien Hue are responsible for organizing the construction and implementation of site clearance and resettlement; changing the purpose of land use (if any arising) in accordance with the law, in accordance with the documents approved by the competent authorities on the scale, area and progress of project implementation, planning, planning plan of relevant land use.
At the same time, the People's Committees of the provinces: Quang Tri, Thua Thien Hue in collaboration with the Ministry of Natural Resources and Environment, the Ministry of Transport and the relevant ministries and branches on the exploitation of common materials in the area as planned, in accordance with the law, meeting the progress of the project ...
Dong Thap invests 168 billion dong in the project to ensure clean water in rural areas
On October 23, Dong Thap People's Committee decided to approve the project to ensure clean water in rural areas in the context of climate change in Dong Thap province.
Project investment objectives to address arsenic infection, improve the quality of clean water for households meeting standards under the Circular No. 41/2018/TT-BYT dated December 14, 2018 of the Minister of Health, convert water supply stations using underground water into surface water in areas in the project.
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| Illustration |
Upgrading and replacing inefficient water filtration technology, high production costs with modern technology and using advanced technology when investing in new water supply stations;
The first scale of the project includes investment and repair, new construction and capacity of 4 water supply stations in Tan Hong, Thanh Binh and Cao Lanh districts, with a total new upgrade capacity of 12,000 m3/day and night (of which: 1 water supply station with a capacity of 2,000m3/day and night; 2 water supply stations with a capacity of 2,500 m3/day and night; D315mm).
The project has a total investment of more than 168 billion dong, from the state budget (central budget capital for the period of 2021-2025 is 150 billion dong; loans and other legal mobilization is 18.064 billion dong).
Dong Thap Provincial People's Committee assigns the Department of Agriculture and Rural Development (investor) to be responsible for organizing the formation of dossiers and procedures and the construction of works construction in accordance with the law;
Investing 326 billion dong to build a drainage system of Hoang Mai II Industrial Park
Nghe An Provincial People's Committee has just issued Decision No. 2763/QD-UBND approving the investment policy of the construction of drainage system around Hoang Mai II Industrial Park.
The project has a total investment of VND 326 billion to build a completely newly built drainage system, a total length of 9.7 km.
The project includes a surface drainage system for the inside and outside Hoang Mai II industrial park; the wastewater drainage system has been treated for the centralized wastewater treatment plant in the industrial park to contribute to the synchronous infrastructure, creating conditions to attract secondary investors to Hoang Mai II Industrial Park.
The above project also includes items such as returning and operating routes;
The total investment of the project is 326 billion dong deducted from the prescribed capital on investment incentives and compensation for site clearance;
Nghe An Provincial People's Committee assigns the Management Board of the Southeast Economic Zone to preside over and coordinate with relevant departments, branches and units and Hoang Mai town to complete the feasibility study report, submit to the competent authority to appraise and decide on investment in accordance with regulations;
Hoang Mai II Industrial Park was signed by the Prime Minister to approve the investment policy in October 2023, the land area of 334.7 ha, the total investment of VND 1,900 billion, of which the investor's contributed capital is VND 570 billion.
Along with Hoang Mai I Industrial Park, Hoang Thinh Dat Joint Stock Company has been approved as an infrastructure business investor in Hoang Mai II Industrial Park.
The Ministry of Transport requires definitive settlement of the shortcomings of the BOT project of National Highway 51
The Ministry of Transport (MOT) has just sent a written request to the Vietnam Road Administration, Vietnam Expressway Department, Project Management Board 7, Bien Hoa - Vung Tau Expressway Development Joint Stock Company (BVEC) on handling problems at BOT project expansion of highway 51 Km0+900 - Km73+600.
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| Highway 51 passing through the city. |
It is known that in recent years, this Ministry's leader has had many documents requiring the Vietnam Road Administration to urgently resolve the existence of the BOT project to expand the National Highway 51 segment Km0+900 - Km73+600, officially determined the end date of the fee collection of).
However, since stopping the toll collection for more than 1 year 8 months, the Vietnam Road Administration has implemented very slowly and has not had the results of the project's definitive resolution.
According to the People's Committee of Dong Nai Province and the People's Committee of Ba Ria - Vung Tau Province, the route within the scope of the BOT project expanded the National Highway 51 section of Km0+900 - Km73+600 after the toll collection has appeared many damaged positions, the condition of the potholes, the road surface, the lanes of many lanes are lost ...
In order to accelerate the settlement of the project's shortcomings, the Ministry of Transport requested the Vietnam Road Administration to urgently implement its role, responsibility and right authority in the implementation of the BOT project to expand the National Highway 51 Km0+900 - Km73+600.
The Vietnam Road Administration must fulfill the functions and tasks of the Ministry of Transport assigned, urgently work and negotiate with BVEC to solve the proposals of BVEC, Dong Nai People's Committee, People's Committee of Ba Ria - Vung Tau Province and funding banks, promptly have solutions to completely handle the shortcomings of the project, to officially identify the end date of the project fee and decision according to its authority.
The Vietnam Road Administration shall shall report to the Ministry of Transport for issues beyond the authority for consideration and settlement or report to the competent authority as prescribed in Clause 2, Article 18 of Circular No. 50/2022/TT-BGTVT dated December 30, 2022 of the Ministry of Transport, stipulating the performance of the functions and tasks of the competent authority, the signing and implementing the investment project contract under the PPP method managed by the Ministry of Transport.
For maintenance in the period of suspension of toll collection, the Vietnam Road Administration with the responsibility of being the management agency in the period of urgently exploited, reviewing and working with BVEC to clarify the responsibility of maintenance and maintenance solutions, ensuring safety in exploitation as prescribed.
The Ministry of Transport assigns the Vietnam Expressway Department to closely coordinate with the Vietnam Road Administration in the process of implementing and advising the Ministry of Transport of the contents related to the project as prescribed.
Project Management Board 7 closely coordinated with the Vietnam Road Administration and BVEC in implementing the existence of the project; urgently review the contents related to the settlement of the project to complete and complete the necessary procedures to settle the remaining volume (if any) as prescribed.
The Ministry of Transport requires BVEC to fully implement, rights and obligations according to the project contract regulations, closely coordinate with the Vietnam Road Administration and related agencies in the process of settlement.
Under the contract between the Vietnam Road Administration and BVEC signed in 2009, the total time of collecting the BOT project contract to expand Highway 51 is 20.66 years, of which the time of collecting the payback of capital is about 16.66 years (from August 3, 2012 to 27/3/2029);
By the end of February 2017, the project fee collection time was adjusted to 20 years and 6 November, that is, from July 1, 2009 to the end of January 12, 2030 and 4 years of collecting profits.
At the end of 2018, due to a number of changes related to the input and recommendations of the State Audit, the Vietnam Road Administration re -collected the time of collecting profits and reduced the time to make profits from 4 years to 9 months.
In order to avoid BVEC, the fee collection exceeds the time, on January 9, 2023, the Vietnam Road Administration issued Document No. 137/Vietnam Ministry of Vietnam, which stopped the toll collection at the toll stations under the BOT project to invest in Highway 51 from 7:00 pm on January 13, 2023 while the negotiations between the two parties were still not over.
After the project temporarily suspended the toll collection, the Vietnam Road Administration has issued a written termination of the contract ahead of time for the management and maintenance of the project and the report to establish the ownership of the entire people but have not been approved by the Ministry of Finance due to insufficient legal basis as prescribed.
It is known that the shortcomings of the project are mainly for conservation of equity of 8.7%/year and the 4 -year profit -making fee has not been agreed upon by the parties.
During the recent time, BVEC continuously sent a written proposal to the Prime Minister, the Ministry of Transport proposed to resolve the shortcomings of the project; Dong Nai People's Committee, People's Committee of Ba Ria - Vung Tau Province and the funding banks had written urging the Ministry of Transport to solve it completely.
Spacious bidding to choose Ho Chi Minh City - Moc Bai Expressway investor
In early October, 2024, the Management Board of the Investment Project Construction of Ho Chi Minh City Traffic works (referred to as the traffic briefing) completed the draft notice of investigating the investor's interest in the construction project of Ho Chi Minh City - Moc Bai Expressway (phase I).
The total investment in phase I is 19,617 billion VND, of which the capital of investors and enterprises participating in the project is 9,943 billion VND (accounting for 50.69% of the total investment) used to build the main road. The state capital participating in the project is 9,674 billion VND, accounting for 49.31% of the total investment of the project, used to clear the land and build bridges for people.
According to the plan built by the Ho Chi Minh City Transport Committee, out of 9,943 billion dong arranged by investors, it must have a minimum of 1,491 billion dong of equity, accounting for 15% of the total project investment as prescribed in Clause 1, Article 77, the Law on Investment by the method of public -private partnership (PPP Law).
In the case of a consortium, each member must meet the requirements corresponding to the equity capital contribution according to the consortium agreement. If any member of the consortium is assessed as not meeting the requirements, the consortium investor is assessed as not meeting the equity capital requirements. The leading investor of the consortium must have a minimum equity ownership ratio of 30%, and each consortium member must have a minimum equity ownership ratio of 15% in the consortium.
Investors participating in the Project investment will enjoy incentives on tax, land use fees, land rent and other incentives according to the provisions of the law on tax, land, investment and other relevant legal provisions.
In particular, this project will have a mechanism for sharing the increase and decrease in revenue in accordance with the provisions of Article 82 of the PPP Law and Decree No. 28/2021/ND-CP of the Government. In particular, the capital source expected to be used to pay for the decrease in revenue will come from the central budget reserve.
After the project is completed, the investor will be collected with the expected time of 16 years and 9 months, with an estimated starting price of about 2,100 VND/km for group 1. It is 2.1 times;
The draft also provides a preliminary return on investor equity for the project of about 11.77%/year. The project's loan interest rate is based on the provisions of Decree No. 28/2021/ND-CP, according to which the loan interest rate is determined based on the reference of current lending interest rates of commercial banks and similar projects being implemented by the Ministry of Transport (expected to be applied to the Project at 10.7%/year).
One of the issues that investors are most concerned about is the form of investor selection, which is also stated in the final draft.
Specifically, if there are no more than 3 investors meeting the requirements to implement the Project, there will be competitive negotiations. If there are 6 or more interested investors, of which at least 1 foreign investor registers interest, there will be an international open bidding with pre-qualification.
If there are 6 or more domestic investors registering interest, there will be a domestic open bidding with pre-qualification.
In case there are less than 6 interested domestic investors, there will be a domestic open bidding (no pre-qualification). Similarly, in case there are less than 6 interested investors, including 1 foreign investor, there will be an international open bidding, no pre-qualification.
To increase the attractiveness of the Project, Ho Chi Minh City hopes that investors will have a preliminary assessment of the attractiveness, feasibility and financial efficiency of the Project; the expected return on equity of the investor; the ability to mobilize and provide credit capital to implement the Project.
In addition, Ho Chi Minh City also expects investors to have an assessment of the project implementation progress; the difficulties and obstacles of site clearance, resettlement, supply of materials to implement the project ...
Currently, the project receives the attention of some domestic and foreign investors. In early February, 2024, China Bridge and Road Corporation (CRBC) sent the proposal to the People's Committee of Ho Chi Minh City with the desire to participate in the investment project in Ho Chi Minh City - Moc Bai.
Ha Tinh: More than 16 billion USD of FDI capital invested in Vung Ang Economic Zone
Information from the Management Board (Management Board) of Ha Tinh Province, from the beginning of 2024, the Management Board has issued a decision on investment policy and investment registration certificate for 9 domestic projects with a total investment of nearly VND 1,000 billion.
In addition, the Provincial Economic Zone Board of Economic Zone has also adjusted the decision of investment policy, investment registration certificate for investment projects and commercial technology of Lithium battery technology of VG High -tech Energy Solution Co., Ltd.
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| Vung Ang Economic Zone has approved the investment policy for 9 domestic projects from the beginning of 2024 |
Lũy kế đến nay, trên địa bàn các khu kinh tế và khu công nghiệp tỉnh có 191 dự án đầu tư còn hiệu lực. Trong đó: Khu kinh tế Vũng Áng có 148 dự án, bao gồm 55 dự án có vốn đầu tư nước ngoài với tổng vốn đăng ký là hơn 16 tỷ USD và 93 dự án đầu tư trong nước với số vốn đăng ký 64.128 tỷ đồng.
Khu kinh tế Cửa khẩu quốc tế Cầu Treo có 27 dự án đầu tư trong nước với tổng vốn đăng ký 2.073 tỷ đồng và 1 dự án đầu tư nước ngoài có vốn đăng ký gần 4,9 triệu USD; Khu công nghiệp Gia Lách có 14 dự án đầu tư trong nước với tổng số vốn đăng ký 1.632 tỷ đồng; Dự án đầu tư xây dựng và kinh doanh hạ tầng Khu công nghiệp Bắc Thạch Hà (VSIP) với tổng vốn đầu tư trên 1.555 tỷ đồng.
Các dự án đã giải quyết việc làm, thu nhập ổn định cho trên 20.000 lao động là người Việt Nam và lao động người nước ngoài.
Ông Phạm Trần Đệ, Phó BQL Khu kinh tế Hà Tĩnh cho biết, với tiềm năng, lợi thế về điều kiện tự nhiên, hạ tầng giao thông, cảng biển kết nối đồng bộ, Hà Tĩnh đang tiếp tục đẩy mạnh hoạt động xúc tiến đầu tư, tập trung thu hút các tập đoàn kinh tế lớn trong và ngoài nước đầu tư các Dự án động lực, tạo tiền đề cho việc hình thành khu vực phát triển công nghiệp nòng cốt.
Theo ông Đệ, BQL Khu kinh tế tỉnh Hà Tĩnh cũng như chính quyền các cấp, các sở, ngành, địa phương, đơn vị ở Hà Tĩnh luôn nỗ lực tập trung cải thiện môi trường đầu tư, đơn giản hóa thủ tục hành chính; tạo môi trường đầu tư bình đẳng, thuận lợi cho các doanh nghiệp, nhà đầu tư.
“Thời gian tới, BQL sẽ tiếp đồng hành, kịp thời tháo gỡ khó khăn, vướng mắc để các doanh nghiệp, nhà đầu tư tiếp cận, thụ hưởng các cơ chế, chính sách, triển khai các dự án đúng tiến độ, sản xuất, kinh doanh hiệu quả”, ông Đệ cho biết
Investing nearly 1,000 billion VND to upgrade 5.5 km of National Highway 37 through Hai Duong
The Ministry of Transport has just sent an official dispatch to the Ministry of Planning and Investment reporting on the proposed investment policy for the project to upgrade National Highway 37 from National Highway 18 to An Linh intersection.
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| Route map of Highway 37 Upgrade Project |
This project aims to meet the transportation needs on the route; reduce traffic congestion and accidents; gradually complete the national highway system according to the plan; contribute to the socio-economic development of Chi Linh city in particular and Hai Duong province in general.
The project starts at the intersection with National Highway 18 in Sao Do Ward, Chi Linh City (about Km87+403 of National Highway 37), and ends at An Linh intersection in Cong Hoa Ward, Chi Linh City (about Km92+900 of National Highway 37). The total length of the project route is about 5.5 km.
According to the proposal, the project has a scale of investment of 4 lanes, standard of level III plain road (TCVN 4054:2005). The total estimated investment of the project is about 998.5 billion VND invested from the central budget.
Because the capital in the medium-term public investment plan for the period 2021-2025 of the Ministry of Transport has been fully allocated and cannot be arranged for the Project, the Ministry of Transport requests the Ministry of Planning and Investment to consider and balance from legal capital sources to report to competent authorities for early implementation of the project.
Project implementation plan depends on capital arrangement capacity, project completion after 24 months from the date of capital identification.
It is known that National Highway 37, section Km81+750 – Km99+680, is about 18.62 km long and is located in Chi Linh City, Hai Duong Province (the previous route was Km77+850 – Km93+839, but the route has now been changed in the field).
Currently, the section from Km87+403 – Km99+680 has an average roadbed width of 7.5 – 9 m; the average road surface width is from 5.5m – 7 m (the section from Km87+822 – Km88+607 through Truong Linh Urban Area has a roadbed width of 64 m; the road surface is 9 m wide); the asphalt concrete road surface has degraded, unable to meet transportation needs, especially during the Con Son – Kiep Bac festival season.
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